musiclover

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Posts by musiclover

FHA Mortgage Insurance Goes Discount

Mar 20th

Posted by musiclover in FHA Loans

Discounted FHA mortgage insurance will soon be here, at least for some homeowners. Borrowers with older FHA loans are about to get access to a new program that could save them big money. More >

‘Forced’ Home Insurance Policies Face New Scrutiny

Mar 19th

Posted by musiclover in Insurance

Home buyers take out homeowners’ insurance policies to protect the value of their home and personal property in the event of a burglary or a natural disaster.  More >

Mortgage execs charged with accounting fraud

Mar 13th

Posted by musiclover in Mortgage Basic

The Securities and Exchange Commission announced charges Tuesday against three senior executives from the now-defunct Thornburg Mortgage, accusing them of fraudulently overstating the company’s income by over $400 million ahead of its bankruptcy. More >

Building a better health insurance exchange

Mar 12th

Posted by musiclover in Insurance

It’s no exaggeration to describe the health insurance exchanges as the health reform law’s backbone: For the 32 million Americans expected to gain health insurance, these state-based, marketplaces will likely be their first point of contact with the Affordable Care Act. More >

FHA Lowers Mortgage Insurance Premiums for Home Ref

Mar 6th

Posted by musiclover in Mortgage Basic

The Federal Housing Administration will lower mortgage insurance premiums for borrowers who refinance their loans as part of President Barack Obama’s plan to improve the housing market. More >

AutoNation’s Lampert buying in Indian Creek

Mar 5th

Posted by musiclover in Home Buying

Hedge fund manager Edward S. Lampert, who has a major stake in Fort Lauderdale’s AutoNation,is buying a 17,000-square-foot estate in Indian Creek, the Wall Street Journal and Bloomberg have reported. More >

Wells Fargo, Goldman face SEC scrutiny on mortgage deals

Feb 28th

Posted by musiclover in Mortgage Basic

Wells Fargo and Goldman Sachs Group said Tuesday they may face federal enforcement action by the Securities and Exchange Commission related to mortgage-backed securities. More >

American Safety Ins Holdings Provides Outlook On Q4

Feb 21st

Posted by musiclover in Insurance

American Safety Insurance Holdings, Ltd. (ASI) announced that its fourth quarter results will reflect after-tax losses attributable to catastrophes and reserve strengthening of approximately $12.0 million in the aggregate, or $1.16 per share. More >

Do buyers need home buying plans?

Feb 20th

Posted by musiclover in Home Buying

Sam Schneiderman, Broker-owner of Greater Boston Home Team is our Monday guy. Today he discusses why and how he helps his buyer-clients create a home buying plan before viewing property with them. More >

FHA a beneficiary in mortgage settlement

Feb 14th

Posted by musiclover in FHA Loans

The landmark $25 billion settlement with banks last week over fraudulent foreclosure practices might aid more than struggling homeowners. Part of the proceeds also will help plug a projected shortfall in the reserves of the Federal Housing Administration. More >
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